Question

What is the main difference between ‘Human Capital’ and ‘Human Capital Formation's?​

Answer 1

Explanation:

The people of a country are known as human resource. It may or may not contribute significantly to the economy of a nation. Human capital formation :Healthy and educated human population is known as human capital formation. It contributes significantly to the economy of a nation.

Answer 2

Answer:

Human capital treats education and health as a means to increase capital. Human capital treats humans as a mean to end. Human development treats, human as a end to them self.

Explanation:

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